ICARE Eye Hospital

What ICARE Eye Hospital does

ICARE Eye Hospital is a tertiary eye care institute established in 1993 in Noida, Uttar Pradesh, India, operating as a unit of the Ishwar Charitable Trust. The hospital provides comprehensive ophthalmic services across nine sub-specialties — cataract, refractive surgery, glaucoma, cornea, vitreoretina, pediatric ophthalmology, neuro-ophthalmology, oculoplasty, and ocular oncology — and serves the Delhi National Capital Region through two physical locations: the Sector 26 Noida headquarters and postgraduate institute, and a second center in Greater Noida West. The institute employs 25 specialist consultants and 22 optometrists (101–250 total headcount) and runs a DNB Ophthalmology training program through the National Board of Examinations since 2003.

The service portfolio centers on advanced refractive surgery, offering multiple procedure options — LASIK, iLASIK, Femto LASIK, Contoura Vision, WaveLight Plus InnovEyes (described as AI-driven), SILK, PRK, ICL, and Streamlight Robotic Surface Laser — alongside robotic bladeless cataract surgery using the Catalys Precision Laser System. Diagnostic platforms include OCT, Humphrey perimeters, ORBSCAN/PENTACAM, specular microscopy, and visual electrophysiology. The hospital performs 15,000+ surgeries annually and handles 400+ daily OPD visits, supported by laminar-flow operating theatres and a dedicated retinal suite.

The business model is direct-to-consumer healthcare: patients self-refer via walk-ins, online booking, phone, or SMS, with quote-based pricing not publicly disclosed. Revenue streams include clinical consultations, surgical procedures, optical and pharmacy sales, and academic training fees. ICARE is NABH-accredited and self-claims to be the largest such-accredited eye hospital in Uttar Pradesh. It runs 900+ community outreach camps annually serving 150,000+ underprivileged individuals and maintains a dedicated inquiry channel for international patients. The entity is privately held under its parent charitable trust, with no external equity financing or public listing evidenced.

Name

ICARE Eye Hospital

Legal name

ICARE Eye Hospital & Postgraduate Institute

Website

https://icarehospital.org

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

101–250 employees

Short description

ICARE Eye Hospital is a NABH-accredited tertiary eye care institute in Noida, India, operating since 1993 under the Ishwar Charitable Trust. It offers advanced refractive surgery, robotic cataract surgery, and nine ophthalmic sub-specialties to Delhi NCR patients through two hospital locations.

Ownership category

akta.pro rank

Product category

Ophthalmology / Eye Care Hospital Services

NAICS

Offices of Optometrists (621320), Offices of Optometrists (62132), Optical Goods Retailers (45613), Diagnostic Imaging Centers (621512)

SIC

Services-Specialty Outpatient Facilities, Nec (8093), Services-Offices & Clinics Of Doctors Of Medicine (8011), Ophthalmic Goods (3851)

akta.pro industry

PRIMARYHLAFAIAF

Ophthalmology Surgery Centers

Healthcare & Life Sciences/Healthcare Providers & Systems/Surgical Centers & Perioperative Care (ASCs)

SECONDARYHLAKAKAF

Cornea, External Disease & Refractive Surgery (LASIK/PRK)

Healthcare & Life Sciences/Specialist Medical Practice/Ophthalmology & Optometry

SECONDARYHLAKAKAA

Comprehensive Eye Exams & Vision Care

Healthcare & Life Sciences/Specialist Medical Practice/Ophthalmology & Optometry

SECONDARYHLAKAKAN

Ocular Imaging & Diagnostic Testing Centers

Healthcare & Life Sciences/Specialist Medical Practice/Ophthalmology & Optometry

SECONDARYHLAKAKAO

Ambulatory Surgery Centers (Ophthalmic/Outpatient Eye Surgery)

Healthcare & Life Sciences/Specialist Medical Practice/Ophthalmology & Optometry

Keywords

• Ophthalmology services
• Refractive surgery
• Cataract surgery
• LASIK procedures
• Eye care hospital

Headquarters

HQ city

Noida

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Clinical Eye Care Services: Revenue from comprehensive eye care consultations, diagnostic services, and treatments across multiple specialties including cataract, refractive surgery, glaucoma, cornea, pediatric ophthalmology, vitreoretina, and neuro-ophthalmology
2. Surgical Procedures: Revenue from surgical interventions including robotic cataract surgery, LASIK and other refractive procedures, corneal transplants, retinal surgeries, and other ophthalmic surgical services
3. Optical Shop and Pharmacy: Revenue from sale of optical products including eyeglasses, contact lenses, and pharmaceutical products for eye care
4. Academic and Training Programs: Revenue from DNB ophthalmology training program and phacoemulsification training courses

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

ICARE Eye Hospital is a tertiary NABH-accredited ophthalmic institute that delivers comprehensive eye care across nine sub-specialties and performs advanced refractive and cataract surgery. Its core offerings include multiple laser vision correction procedures (Wavelight InnovEyes LASIK, SILK, Contoura Vision, Femto LASIK, iLASIK, PRK, ICL), robotic bladeless cataract surgery using the Catalys Precision Laser System, vitreoretinal surgery, glaucoma management, corneal transplantation, pediatric ophthalmology, and 24x7 emergency eye care, supported by an on-site optical shop, pharmacy, eye bank, and DNB ophthalmology training program.

Product overview

ICARE Eye Hospital is a tertiary eye care institute offering a comprehensive portfolio of ophthalmic services centered around advanced refractive surgery and comprehensive eye care. The core offering includes multiple laser vision correction procedures: Wavelight Plus InnovEyes LASIK (AI-driven full-eye customization), SILK Laser Vision Correction (flap-free), Contoura Vision LASIK (topography-guided), Femto LASIK (bladeless), Streamlight Robotic Surface Laser (touchless flap-free), iLASIK, PRK, and ICL (phakic intraocular lens). These are complemented by robotic cataract surgery using the Catalys Precision Laser System and subspecialty services in vitreoretina, glaucoma, cornea, pediatric ophthalmology, and emergency eye care. The hospital operates as a multi-procedure refractive surgery center that evaluates patients comprehensively to recommend the most suitable procedure rather than promoting a single technology.

Differentiator

Problem solved

Functional benefit

Products and services

• LASIK (Laser-Assisted In Situ Keratomileusis)

Quantifiable outcome

• 96-99% achieve 20/20 vision or better after LASIK in carefully selected candidates
• +4 more outcomes

Named customers5 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature15 records

Partnerships

One partnership is on record.

• Ishwar Charitable TrustcoreOthersParent charitable organization under which ICARE Eye Hospital operates as a unit. The trust operates community charitable foundation and rural peripheral centers providing free/subsidized eye care to underprivileged populations. ICARE is part of the trust's charitable healthcare mission serving over 150,000 underprivileged individuals.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Medanta - The Medicity: Large multi-specialty hospital system in Delhi NCR with ophthalmology departments offering cataract and refractive surgery as part of broader inpatient/outpatient services; competes for ophthalmology cases in the same Delhi NCR market as a broader incumbent.
• L V Prasad Eye Institute: World-renowned non-profit tertiary eye care institute in Hyderabad with comprehensive ophthalmology services, training programs, and rural outreach; comparable tertiary academic eye hospital model though geographically focused in South India.
• Apollo Hospitals: India's largest hospital chain with ophthalmology departments offering cataract and refractive surgery across its network; competes for premium eye care patients in Delhi NCR as part of broader multi-specialty offerings rather than as a specialized competitor.

Direct peers

• Aravind Eye Hospital: Tertiary eye care hospital network in India offering the full spectrum of ophthalmology services including cataract, refractive surgery, cornea and retina under a charitable trust model. Directly comparable single-specialty tertiary eye hospital with similar service portfolio and charitable structure.
• Centre for Sight: India's largest single-specialty eye care chain offering LASIK, cataract, vitreoretina, glaucoma and other ophthalmology services across 80+ centers. Directly competes with ICARE in NCR on refractive surgery and cataract volumes with significantly broader geographic reach.
• Eye7 Hospitals: North India-focused eye care chain operating multiple centers in Delhi NCR offering LASIK, cataract and comprehensive ophthalmology services with strong digital marketing presence; competes head-to-head with ICARE for refractive surgery volumes in the same catchment area.
• Sharp Sight Eye Hospital: Multi-center eye hospital chain offering refractive surgery, cataract and other ophthalmology services primarily in North India; competes with ICARE in NCR catchment on LASIK volume and pricing.
• Sankara Nethralaya: Non-profit tertiary eye care institution in Chennai offering comprehensive ophthalmology services and ophthalmic training programs; ICARE's CEO and several consultants trained at Sankara Nethralaya, and the institutions share the charitable tertiary eye hospital model with academic DNB/Fellowship programs.
• ASG Eye Hospital: Multi-city single-specialty eye hospital chain with PE backing offering cataract, LASIK, vitreoretina and other ophthalmology services across India; competes with ICARE on multi-platform refractive technology and expanding center footprint.
• Maxivision Eye Hospital: Single-specialty eye hospital chain in India offering LASIK, cataract, and other ophthalmology services across multiple states; comparable to ICARE in technology platforms and refractive surgery focus, with broader geographic coverage.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/icarehospital
• YouTubeyoutube.com/user/ICARE24X7
• Facebookfacebook.com/icareeyehospital
• Instagraminstagram.com/icarehospital

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ICARE Eye Hospital